case study 1: Leading European housing company looks for IT and supply chain transformation
One of the largest European housing companies is rethinking its renovation and modernization processes and searching for new solutions for their booming business. This leading housing company owns and manages over hundreds of thousands of good-quality, affordable and modern housing units in all major cities across Germany. As a customer-oriented company, supported by its own craftsmen’s organization, it faces the daily challenge of providing affordable, reliable and quick renovation, modernization and maintenance services to its tenants.
Operating in a competitive environment characterized by a shortage of construction professionals, increasing efficient deployment of scarce resources is a primary concern to top level management. The company’s large geographic footprint, various types of housing units and multiple demands from tenants require a sophisticated enterprise solution that links design to completion. Efficiently collecting and using data from all its units is not possible with the legacy IT infrastructure that the company has in place.
Partnering up with YTWO Formative, the company embarks on a transformation of its IT and supply chain management infrastructure. As a cloud-based big data solution, YTWO Formative aggregates data to support efficient decision making. By innovatively connecting virtual planning, a fully transparent supply chain all the way to last mile delivery, and demand-driven smart production, the company is able to significantly improve its renovation and maintenance processes.
Together with YTWO Formative, this housing company developed a cost saving index, reflecting its original YTWO material & labor cost structure. YTWO Formative commits to achieving 30% benefits versus this original cost structure. All stakeholders – from top level management to the individual craftsman – are real-time connected and exchanging information and data. By optimizing and streamlining the complex process of multi-project management according to best-practices workflows, YTWO Formative and the company jointly achieve higher productivity and savings, to the benefit of both the company and its tenants.
case study 2: Large Chinese property developer: Cutting complexity across the housing value chain
A large Chinese property developer, subsidiary of Fortune 500 Company, is focusing on real estate development and ownership across a wide variety of real estate projects, ranging from high-end residences to boutique office buildings and five-star hotels in China. In its business plan, it plans to achieve strong growth by pursuing pre-fabricated residential, commercial and urban diversified property developments, based on a harmonious coexistence between people with city and nature.
As a modern enterprise open to IT, the company is no stranger to sophisticated software tools in its departments, such as design, estimation, procurement and finance. Its multiple highly-complex projects are managed through specialized applications in a fragmented software landscape. An ever-growing supplier base is taking its toll on the company’s existing IT tools’ capabilities. Looking forward, its CEO is seeking a one-stop-shop enterprise solution that promotes collaboration and combines the company’s requirements for cutting-edge IT with its growing proportion of pre-fabrication, while at the same time organizing its growing supplier base.
YTWO Formative integrates all of the company’s departments, as well as other project stakeholders in one single source of truth. Precise 5D BIM modeling links the company’s pre-fabrication production lines directly to its physical project execution, allowing the project management department to schedule construction projects more accurately. Any delay on the production line, whether for pre-fabricated products or other construction materials, is automatically reflected in the construction schedule, such that key construction resources can be scheduled to be in the right place at the right time. The cost and time impact of different project scenarios can be assessed within minutes of the virtual construction process.
By implementing an enterprise solution, the company achieves multi-party collaboration and full visibility across all departments. Instead of performing ongoing sourcing and supplier qualification, the company, together with YTWO Formative, developed a 5D BIM product catalog, including pre-fabricated parts, which enables procurement during the virtual pre-construction. Saving significant amounts of time and resources on design, quantity surveying, purchasing, estimation, supplier qualification and logistics, the company freed up resources to focus on its large project pipeline.